2023
Exports
$2.5MWorld Rnk 62 / 198
Flag Rnk 20 / 430
2023
PRODUCT COMPLEXITY IN Lubricating Products
1.12Rnk 136 / 1025
2023
Imports
$3.02MWorld Rnk 119 / 223
Flag Rnk 152 / 1058
2023
ECONOMIC COMPLEXITY of Liberia
-1.44Rnk 126 / 132

About

Exports In 2023, Liberia exported $2.5M in Lubricating Products, making it the 62nd largest exporter of Lubricating Products in the world. At the same year, Lubricating Products was the 20th most exported product in Liberia. The main destination of Lubricating Products exports from Liberia are: Singapore ($2.12M), Malaysia ($353k), United Arab Emirates ($21.2k), Botswana ($7.78k), and India ($3.83k).

The fastest growing export markets for Lubricating Products of Liberia between 2022 and 2023 were Singapore ($2.12M), United Arab Emirates ($21.2k), and Botswana ($4.56k).

Imports In 2023, Liberia imported $3.02M in Lubricating Products, becoming the 119th largest importer of Lubricating Products in the world. At the same year, Lubricating Products was the 152nd most imported product in Liberia. Liberia imports Lubricating Products primarily from: Turkey ($741k), United Arab Emirates ($685k), China ($528k), France ($232k), and South Africa ($214k).

The fastest growing import markets in Lubricating Products for Liberia between 2022 and 2023 were South Africa ($213k), France ($203k), and Turkey ($165k).

Latest Trends

Jan 2025

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Lubricating Products. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$2.5M
IMPORTS (2023)$3.02M
NET TRADE (2023)-$522k

In 2023, Liberia exported $2.5M in Lubricating Products. The main destinations of Liberia exports on Lubricating Products were Singapore ($2.12M), Malaysia ($353k), United Arab Emirates ($21.2k), Botswana ($7.78k), and India ($3.83k).

In 2023, Liberia imported $3.02M in Lubricating Products, mainly from Turkey ($741k), United Arab Emirates ($685k), China ($528k), France ($232k), and South Africa ($214k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Lubricating Products EXPORT MARKETS FOR Liberia WERE (2022 - 2023):
Singapore$2.12M (1%)
Botswana$4.56k (142%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Lubricating Products BY Liberia WERE (2022 - 2023):
Malaysia-$2.03M (-85.2%)
China-$68k (-100%)
Cote d'Ivoire-$2.15k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Liberia's main exporting competitors in Lubricating Products were:
In 2023, Liberia's main importing competitors in Lubricating Products were:
China $1.68B

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Trade Value of Lubricating Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $633
TOP IMPORT POTENTIALGermany+ $89.1k

Lubricating Products’s highest export potential is China. With an export gap of $633.   Lubricating Products’s highest import potential is Germany with an import gap of $89.1k.

See methodology.

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